# Private Equity Dashboards

# Metrics usually tracked for Private Equity

Private Equity is an important Asset Class for our customers. Typically the following metrics are tracked

### Internal Rate of Return (IRR)

IRR, the performance metric of choice in the PE industry, represents the discount rate that renders the net present value (NPV) of a series of investments zero. IRR reflects the performance of a private equity fund by taking into account the size and timing of its cash flows (capital calls and distributions) and its net asset value at the time of the calculation.

### Distributed to Paid-In Ratio (DPI)

It represents the amount of capital returned to investors divided by a fund’s capital calls at the valuation date. DPI reflects the realized, cash-on- cash returns generated by its investments at the valuation date

### Total Value to Paid-In Ratio (TVPI)

It represents the amount of capital returned to investors + a fair value of the stakes that the fund still holds in its portfolio companies, divided by a fund’s capital calls at the valuation date. TVPI reflects the total (i.e. realized and unrealized) returns generated by its investments at the valuation date

### Kaplan Schoar Public Market Equivalent (KS-PME)

The Kaplan Schoar PME measures the wealth multiple effect of investing in the PE fund versus the index. It represents the market-adjusted equivalent to the traditional TVPI. A value greater than 1 implies that the fund outperformed the public benchmark

The index used for this analysis is user configurable. It can be any public index (e.g. S&P 500 or EuroStoxx 50), any particular fund or model portfolio or even a blend (e.g. 60% S&P 500 and 40% Barclays Agg)

### Direct Alpha

Same methodology as KS-PME, except the underperformance/outperformance is expressed as a percentage instead of a multiple

# Sample Dashboards

Canopy is able to support all sorts of Dashboards. Some of the more popular ones are

### Data by Vintage and Geography

### Detailed Data in Tabular Format

### DPI and TVPI

In this dashboard each fund is shown as a bubble on a X-Y chart.

- Size of the each bubble corresponds to the prevailing market value of each fund
- DPI on X-axis
- TVPI on Y-axis

### IRR and Public Market Equivalent

In this dashboard each fund is shown as a bubble on a X-Y chart.

- Size of the each bubble corresponds to the prevailing market value of each fund
- IRR on X-axis
- PME on Y-axis

### IRR and Absolute Profit

In this dashboard each fund is shown as a bubble on a X-Y chart.

- Size of the each bubble corresponds to the prevailing market value of each fund
- IRR on X-axis
- Actual Profit (in Base Currency of the Account) on Y-axis

### PME Over Time

This chart shows the evolution of Public Market Equivalent over time for each fund.

### J Curve

J Curve is a cumulative summation of all outflows and inflows in the base currency of the account

Updated 6 months ago